Chengdu Sino-Microelectronics Tech Second Quarter 2024 Earnings: EPS: CN¥0.023 (vs CN¥0.09 in 2Q 2023)

Simply Wall St · 08/30 22:01

Chengdu Sino-Microelectronics Tech (SHSE:688709) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥140.5m (down 19% from 2Q 2023).
  • Net income: CN¥14.7m (down 70% from 2Q 2023).
  • Profit margin: 10% (down from 28% in 2Q 2023).
  • EPS: CN¥0.023 (down from CN¥0.09 in 2Q 2023).
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SHSE:688709 Earnings and Revenue Growth August 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Chengdu Sino-Microelectronics Tech Earnings Insights

Looking ahead, revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.

Performance of the Chinese Semiconductor industry.

The company's shares are down 2.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Chengdu Sino-Microelectronics Tech's balance sheet and an in-depth analysis of the company's financial position.